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For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested over $16 billion in Nigeria’s oil industry and described the country’s one of its largest investment destinations.
Total Upstream Nigeria Limited, Nigerian National Petroleum Corporation, NNPC and its partners, yesterday, handed over 10 projects in health, education and information technology, valued at N900 million to eight states in the northern region of the country.
Former Brazilian President Michel Temer was arrested on Thursday in connection with a large-scale corruption investigation, local media reported.
Globacom Chairman Mike Adenuga Jnr, with interests in oil exploration and real estate has moved up, ranking next to Aliko Dangote as Africa’s second richest man.
French oil giant Total has called for enforcement of the use of life jackets by people, who make use of Nigeria’s waterways.
The management of Lagos Deep Offshore Logistics (LADOL) has denied claims that its hostile policies at the Lagos Free Zone were frustrating investors doing business in the area.
Brazil’s former president Luiz Inacio Lula da Silva was absolved Thursday in one of the six pending legal cases he is facing, all unrelated to the corruption charges that have sent him to prison.
Eike Batista, once the richest man in Brazil, was on Tuesday sentenced to 30 years in prison for corruption and money laundering over the massive corruption scandal at state oil giant, Petrobras.
Brazil’s former president Luiz Inacio Lula da Silva says he is “very much a candidate” in the elections coming up in October, despite having been in jail for a month, the newspaper Folha de Sao Paulo reported Monday.
Brazilian prosecutors have filed new graft charges against imprisoned Workers' Party founder and ex-president Luiz Inacio Lula da Silva, as well as the party's current chief.
A Brazilian judge has issued an arrest warrant for Luiz Inacio 'Lula' da Silva, giving the once wildly popular ex-president until 5pm local time (20:00 GMT) on Friday to turn himself in.
Brazil's top court on Thursday delayed until April 4 a decision on whether ex-president Luiz Inacio Lula da Silva should go to jail if he loses an appeal next week.
Brazilian court has ordered former President Luiz Inacio Lula da Silva to hand over his passport and not to leave the country.
A Brazilian appeals court Wednesday upheld ex-president Luiz Inacio Lula da Silva's conviction for corruption, dealing a body blow to his hopes of running for re-election this year.
The Total Upstream Nigeria Limited (TUPNI) $16 billion (N5.76 trillion) Egina Floating Production Storage and Offloading unit (FPSO) project on Wednesday arrived Nigerian shores from South Korea.
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The Peoples Democratic Party National Campaign Council, PDPNCC, for Edo governorship election yesterday mocked says the All Progressives Congress, APC, candidate, Osagie Ize-Iyamu, for saying that he would follow the footprint of the former APC national chairman, Adams Oshiomhole, if voted into power.
“Having worked with Osimhen in the national Under-20 team that failed to qualify for the World Cup in 2017, I know he has the quality and ability to succeed in any league in the world. I have always known he will go places, so I am not surprised Napoli spent so much to get his signature,” Garba said.
Nigerian Breweries Plc says it earned a revenue of N152 billion for the half-year (H1) ended June 30, 2020.
Rangers’ new defender savoured his opening Scottish Premiership experience with an impressive performance in his side’s 1-0 win at Aberdeen, courtesy of Ryan Kent’s first-half strike.
Delta State Governor Dr. Ifeanyi Okowa, on Monday, assured that the state government would continue to give priority attention to projects that would boost the economy and enhance the living condition of the people.
Chief Whip of the Senate, Dr Orji Kalu, says Nigeria’s diversity must be seen as a blessing.
The Commissioner for Internal Security and Home Affairs, Samuel Aruwan, alongside the Police Commissioner, Umar Musa Muri and Operation Thunder Strike Sector Commander, Colonel Ibrahim Gambari, led journalists to the location where the said abduction was said to have taken place to interact with residents of the area.
The Federal Government, through the Ministry of Humanitarian Affairs, Disaster Management and Social Development and the National Emergency Management Agency (NEMA) has distributed relief materials to Internally Displaced Persons in Katsina.
Sport reports of a four-year contract being offered to Barcelona striker Luis Suarez to join Inter Miami are not completely true.
The Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) says those who got “emergency contracts” are scared of the ongoing forensic audit.